Serenity, the "new stock god": optimistic about green harmonics, which may benefit from the large-scale production of humanoid robots According to a report by Golden Finance, on June 5th, the "new stock god" Serenity announced that LeaderDrive (68801757.73 billion RMB) is my favorite Chinese listing target when laying out the humanoid robot track. Their business covers harmonic reducers (reportedly holding over 60% of the domestic market share and more than 1800 global customers), humanoid robot rotary joint reducers, linear actuators and motors/joints, as well as many other core components, and they are entering the field of planetary roller screws. Currently occupying an absolute dominant position: over 60% of the domestic market share and more than 1800 global customers. The main customers include Universal Robots, UBTech, and Agibot, while Tesla, Figure, and the vast majority of other humanoid robot developers are likely to be their potential customers. If you look at the BOM (Bill of Materials) of these components, it is roughly estimated that they account for 4-15% of each humanoid robot developed. As they enter more niche areas, this proportion may even be higher. I think no one can accurately model the financial situation of such companies, and their prospects depend more on how many humanoid robots will be mass-produced in the next few years. This is actually a directional long for a company that can occupy a considerable share in every humanoid robot produced. In terms of scalable mass production, China is clearly a leader in this field, and many Western players are unable to reduce costs to the level of green harmonics. As we move towards the scale of physical AI, I am extremely optimistic about the field of robotics.